Business & Taxation Advisers/Chartered Accountants

Personal Taxation Services # Business Taxation & Advisory # SMSF Specialists # Financial Planning # Audit

About Us

The MMS Story

Malvern Mathews Smith (MMS) is a locally owned and operated Business & Taxation Services Practice with a history dating back more than 110 years.

Operating under the name Malvern Mathews Smith since 2006 (previously Boughton Cook & Truman) the new name was to coincide with the relocation to our new purpose built offices in Marius Street and align with our renewed vision for the practice, incorporating Financial Planning services via our affiliation with Hudson Gore Financial Services Pty Ltd.

The current partners Stephen Mathews and Michael Smith now manage the practice together with their dedicated and hard-working team of 18+. Stephen & Michael have over 75 years combined accounting & taxation experience. 1 July 2016 saw Bill Malvern retire from the partnership and continues to consult on a part-time basis.

At Malvern Mathews Smith we believe in providing quality accounting, audit, taxation and business management consulting services to our clients in a timely and efficient manner. We understand the daily challenges of managing a business (we do it ourselves). We like to engage our clients, provide open and honest communication and provide business and taxation advice in language you can understand.

We provide a strategic sounding board, with years of experience and can gain immediate access to information and resources to help you run your business.

MMS Core Values


Professional Integrity & Quality

Acting with integrity and performing all work to the highest quality is key to our Core Values. We are members of the Institute of Chartered Accountants Australia and New Zealand and strictly adhere to all professional standards.


Access and Responsive Service

We pride ourselves on our availability in terms of access to our partners and accounting professionals, the level of personal and friendly service we provide and our ability to solve matters quickly and efficiently.


Proactive & Professional Advice through IT

Constantly investing in new technology, we have the answers at our fingertips for your business and taxation needs. Allowing us to prioritise and respond to your urgent matters. We are also constantly investing in IT to provide our clients with all the resources required to deal with your issues promptly.


Developing our MMS Team

We put people first. Not only our clients but also our team. We are only as good as our team, so we focus on recruiting professionals who align with our core values and respect our clients. We pride ourselves on the retention of our team, the majority have been with us over 10 years, some over 30 years. We must be doing something right!

Our Team



Stephen Mathews

Chartered Accountant

Click to view profile

Steve was born and raised in Tamworth and attended Tamworth High School then The University of New England where he gained his Bachelor of Financial Administration.

Steve began work with Malvern Mathews Smith in 1978 and has been a partner since 1983. He holds the following registrations:

  • Institute of Chartered Accountants Australia and New Zealand
  • Fellow of the Tax Institute of Australia
  • Registered Tax Agent
  • Registered Company Auditor
  • Registered Self Managed Super Fund Auditor
  • Bachelor of Financial Administration – University of New England (UNE)

His areas of interest are Information Technology, Capital Gains Tax, Share Trading and Superannuation.

Steve is married to Jocelyn and has two adult daughters.

Steve loves playing golf as often as he can.


Michael Smith

Chartered Accountant

Click to view profile

Michael has been a partner of Malvern Mathews Smith since 1995. He began his career with Malvern Mathews Smith in 1985 after graduating from The University of New England with a Bachelor of Financial Administration.

After completing his qualifications, Michael spent 12 months working in London for international companies including Fedex. Upon his return to Australia he became a partner of Malvern Mathews Smith.

He has over 3 decades of experience in taxation, audit and business management. Specialising in Primary Production businesses, retailers, transport industry and solicitors trust audits.

Michael's professional qualifications include:

  • Institute of Chartered Accountants Australia and New Zealand
  • Registered Tax Agent
  • Registered Company Auditor
  • Registered Self - Managed Super Fund Auditor
  • Law Practice External Examiner
  • Bachelor of Financial Administration – University of New England (UNE)

Michael and his wife Brenda have three adult children Pip, Georgie and Declan. Now that Michael & Brenda are empty nesters, they enjoy travelling, good food and wine and trying to stay fit.

Michael was born and bred in Tamworth and attended Farrer Memorial Agricultural High School and University in Armidale and knows the local business scene.

Michaels interests include:

  • Horse Racing
  • Golf
  • Rugby League
  • Keeping reasonably fit by playing Oz Tag, golf and cycling.
  • Member of Tamworth First Light Rotary Club since 2006, serving as President (2017-2018), twice serving as treasurer and has held many other board positions

Our Experience is what makes us different

With over 75 years of combined taxation consulting experience behind us, our Partners understand the benefits gained from the insight and support of a perceptive, intelligent team on board. We know we can assist you in implementing the right solutions for the best results.

Whatever your stage of development, from initial start-up ventures through to established corporate enterprises and succession planning, our Partners have the experience, insight and solutions that you need to achieve your business goals.

MMS is a specialist in all business and financial services, offering small and medium-sized entities (SME’s) a solution towards achieving greater success and productivity. Which leads to your financial freedom.

It is our mission is to help clients achieve their professional and personal goals by effectively combining two elements; strategic planning and a flexible approach.  



Michelle Stewart

SMSF Manager/Specialist - AFS Representative No. 001240883

CPA. BComm (Financial Accounting)

Click to view profile

Michelle has been working as an SMSF accountant for over 14 years, advising on all aspects of the life cycle of an SMSF. She can work with clients to develop both short and long term strategies relevant to their stage of life and circumstances.

Having completed the educational and training requirements to become listed on the ASIC Australian Financial Services Representative Register as an authorized representative of Hudson Gore Pty Ltd, Michelle is able to advise on areas such as :

  • Establishment of an SMSF
  • Administration and reporting
  • Financial statement preparation and tax return preparation
  • Tax Planning and compliance
  • Superannuation Contributions
  • Pensions and retirement
  • Advice on trustee roles and responsibilities
  • Impact of legislative changes

Michelle lives in Tamworth and was born and raised in the country. She is married and kept busy with 3 young children. Having had to take an early retirement from netball due to a knee injury, she now lives vicariously through her daughter by coaching her team.


Joanna Bajema

Chartered Accountant. Personal Taxation Specialist.

Bachelor of Commerce (Accounting)

Click to view profile

Joanna was born and raised in Castle Hill NSW. She moved to Tamworth in early 2017 to begin working at Malvern Mathews Smith (MMS).

Joanna attended the University of Western Sydney (Hawkesbury) where she graduated with a Bachelor of Commerce (Accounting) in 1994.

Joanna is a member of the Institute of Chartered Accountants Australia & New Zealand.

Joanna started her accounting career at Coopers & Lybrand in Sydney. She began her accounting journey in 1991 during her university Christmas holidays; a period known as “being a Christmas Beetle” in the accounting profession. She continued working at Coopers & Lybrand after graduating from University, where she specialised in Expatriate Taxation.

The next step in her career progression was as a tax accountant in a boutique financial planning company. During this time she further developed her skills in small business accounting and taxation.

Joanna’s professional experience and interests includes individual tax returns, expatriate tax and small business tax. Her interests are not just the technical accounting skills required to provide the best advice to clients of Malvern Mathews Smith. Her passion is also to clearly explain the taxation system to clients and ensure their best interests are front and centre in her work.

Joanna is married and has two teenage sons. When she is not working Joanna loves spending her time with her family, finding the best coffee in Tamworth and cooking delicious meals.


Nellie Roslyn Nerylie Josh Rob Emma Elizabeth Tania Steve Michael Michelle Joanna Adam Lyn Peter Catherine Jakki


Business & Taxation Advisory

At Malvern Mathews Smith, we offer the full range of business and personal services expected of a leading accounting practice.

Our services cater for individuals looking to complete personal tax returns through to large businesses demanding the full array of business services and technical assistance. We do it all!

Our Partners and professional team are all qualified, highly experienced and rich in knowledge. We are experts in dealing with the complexities of each of the below in detail. Offering exceptional support and advice. Whether you are an individual or a business owner, we can provide you with specialised tax services, assurance and tax advice.

Being a practice based in a large regional city we have a diverse range of clients from primary producers to retailers to transport operators to manufacturers to IT specialists. We have the capability to look after your business from acquisition to sale.

Using modern technology and a desire to get out of the office we are able to service clients as far away as Brisbane, Sydney, Perth and all areas in between.

Our fees are competitive and you will be able to deal directly with one of the partners of MMS unlike many metropolitan & local larger practices. It's our service guarantee!

We have a wide range of business services (including, but not limited to):

  • Business Planning and Management
  • Tax Planning and Consultation
  • Acquisition Consulting
  • Tax & Corporate Compliance
  • Estate Planning
  • GST Compliance
  • Business Structuring & Restructuring
  • Land Tax, Payroll Tax & Superannuation Obligations
  • Fringe Benefits Tax
  • Accounting software advice

We understand that it is not just businesses who need the right advice at the right price.

At Malvern Mathews Smith, our highly trained staff are specialists in Personal Taxation Services.

If you are looking for an accountant offering professional service with realistic fees and down to earth service we look forward to welcoming you to Malvern Mathews Smith.

These include:

  • Individual Tax Returns
  • On the spot tax return preparation
  • Investment Property and Negative Gearing Advice
  • Estate planning

Only accredited financial advisers can give advice on your SMSF – ensure your adviser is a fully accredited SMSF specialist like Michelle Stewart. MMS are fully equipped to offer accounting support for self managed super funds (SMSF).

We provide a full range of SMSF services covering SMSF establishment; SMSF SIS Act compliance; update to SMSF Deeds; SMSF Tax Compliance & SMSF borrowing.

MMS always endeavors to ensure your business's success. Whatever stage your business is at, we can provide key strategies and advice in terms of business structure; advice & valuation for a business purchase or sale. We provide management accounting and advice to better control your cashflow & tax planning opportunities.

MMS are SMSF, Real Estate & Law Practice Trust Account audit specialists, as well as general Company Auditors. Our MMS independent audit services help enhance the reliability of information prepared by clients for use by investors, creditors and stakeholders. We believe independent auditors perform the valuable role of being a trusted intermediary between the providers of business information and the users of that information.​

Contact Us

Malvern Mathews Smith (MMS)